uploads///SWN Q Post Cash Flow

Analyzing Southwestern Energy’s Free Cash Flow in 4Q17

By

Mar. 8 2018, Updated 7:34 a.m. ET

Southwestern Energy’s 4Q17 operating cash flow

For 4Q17, Southwestern Energy (SWN) reported an operating cash flow of ~$308 million, which is higher compared to Wall Street analysts’ expectation of ~$249 million. On a YoY (year-over-year) basis, Southwestern Energy’s 4Q17 operating cash flow was ~91% higher from ~$161 million generated in 4Q16. On a sequential basis, Southwestern Energy’s 4Q17 operating cash flow was ~46% higher from ~$211 million generated in 3Q17.

The YoY increase in Southwestern Energy’s operating cash flow could be attributed to higher production and higher realized prices in 4Q17—compared to 4Q16.

Article continues below advertisement

Southwestern Energy’s free cash flow in 4Q17

In 4Q17, Southwestern Energy spent ~$325 million on capital expenditures. Southwestern Energy’s FCF (free cash flow) was negative at approximately -$17 million. Murphy Oil (MUR) reported ~$7 million in FCF in 4Q17. Murphy Oil reported an operating cash flow of ~$310 million in 4Q17. Murphy Oil spent ~$303 million on capital expenditures in 4Q17.

Southwestern Energy’s cash flows in 2017

For fiscal 2017, Southwestern Energy reported an operating cash flow of ~$1.1 billion, which was ~120% higher from ~$498 million in 2016. In 2017, Southwestern Energy spent ~$1.3 billion on capital expenditures. Southwestern Energy’s 2017 FCF was negative at approximately -$171 million.

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.